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    jkcorbin's Avatar
    jkcorbin Posts: 1, Reputation: 1
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    #1

    Oct 16, 2007, 04:50 PM
    Owners use of inventory
    How do we make adjustments to the inventory for owners use of inventory and giving out free samples?
    Lorsung23647's Avatar
    Lorsung23647 Posts: 24, Reputation: 2
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    #2

    Oct 16, 2007, 05:17 PM
    Owners use of inventory is a debit to owners' drawing and a credit to the supplies/inventory, whichever you're using... Free samples would be credit to supplies/inventory and a debit to miscellaneous expense, if I remember right.
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